What is an affiliate or associate programs? It’s an agreement between a
company or an individual with a marketer to promote their products on
the Internet or offline for a percentage of the sale.
What is an affiliate or associate programs? It’s an agreement between a company or an individual with a marketer to promote their products on the Internet or offline for a percentage of the sale.
This business model is a win win situation because the merchant (the party who sells the product) can earn an additional income without spending more money on advertising.
To earn even more, the merchant could give more commission to his affiliates because he wouldn’t have sold his products and make this extra income without them.
For the affiliate, it’s a great way to generate an income from an existing product. He can get started in less than five minutes because everything was done for him… the market research, customer’s profile, the website, graphics and payment processor set up.
Where can you find a better business model today? Amazon and ebay have an affiliate program. Even Google, Yahoo and MSN have one.
If you are a merchant, you absolutely need to set up your own affiliate program. Even better, you can also promote affiliate offers to your already existing customers.
Be sure to choose related products if you choose to go this route. Don’t sell dog training products to cat lovers because they won’t buy from you. It doesn’t work that way.
You need to be sure that your customers will benefit from the products you are going to promote. Also, don’t make this common associate mistake: promoting because of the high amount of money you earn even if the product is bad.
Only send them quality stuff.
Choose your product wisely. Try to put yourself in the shoes of your customers, imagine how he will feel when he see the landing page for the product you are going to recommend.
Imagine that you are this customer, what do you think, would you buy this product? Are you excited by the offer?
If not, don’t send them and try to find an other program. You don’t want to make one hit, but you want to sell them over and over, and for this you need to give them quality.
Although associate program is a way to earn easy money from the Internet, many fail because they don’t understand this principle: give first if you want to receive.